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                    [Title] => Government airs concern over Asian rice cartel
                    [Summary] => The government has expressed concern about attempts by some major Asian rice producers to form a rice cartel whose function will be similar to the powerful Organization of Petroleum Exporting Countries (OPEC).


"This is alarming. Any attempt to cartelize will be a concern especially for countries that import rice. Prices will not only rise but access will also be limited," said Agriculture Secretary Leonardo Montemayor.


                    [DatePublished] => 2002-10-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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EMERGENCY RICE RESERVES

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                    [Title] => Government airs concern over Asian rice cartel
                    [Summary] => The government has expressed concern about attempts by some major Asian rice producers to form a rice cartel whose function will be similar to the powerful Organization of Petroleum Exporting Countries (OPEC).


"This is alarming. Any attempt to cartelize will be a concern especially for countries that import rice. Prices will not only rise but access will also be limited," said Agriculture Secretary Leonardo Montemayor.


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Government airs concern over Asian rice cartel

By Rocel Felix | October 8, 2002 - 12:00am

The government has expressed concern about attempts by some major Asian rice producers to form a rice cartel whose function will be similar to the powerful Organization of Petroleum Exporting Countries (OPEC). "This...

Business